(RTTNews) -  Genesee & Wyoming Inc. (GWR: News ), which owns and operates short line and regional freight railroads in the United States, Canada, Australia and the Netherlands, said Wednesday that its February traffic fell 9% from a year earlier, mainly due to lower shipments of coal, coke and ores.

The company said it shipped 63,583 carloads in February, compared to 69,844 carloads shipped in February last year.

Coal, coke & ores traffic fell 12% to 17,430 carloads in February from 19,867 carloads in the same month last year, mainly due to lower shipments in the company's Rocky Mountain and New York/Ohio/Pennsylvania regions.

Farm & food products traffic for the month declined 11% to 7,464 carloads from 8,377 carloads a year ago, mainly due to lower shipments of export grain in the company's Canada region.
The company's traffic in the first quarter through February fell 9.4% to 127,445 carloads from 13,184 carloads in the same period last year.

Genesee & Wyoming shares are currently trading at $33.86, up 33 cents.

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by RTT Staff Writer

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